Staff Reporter :
The country’s export performance for the month of February achieved a negative growth of near 10 percent against the strategic target set by the government, data showed.
Besides, the export of February, 2017 also achieved a negative growth comparing to the corresponding period.
According to data available with the Export Promotion Bureau (EPB), export in February was US$2726.12 million against a target of $3017 million or 9.64 percent less than that of its target.
The export in February 2016 was $2854.22 million or 4.49 percent higher than that of the achievement in February 2017.
However, Major earning sectors including readymade garment (both knit and woven), furniture’s failure to earn have mainly brought the overall performance of the single month down.
Besides, minor sectors including tea, leather and leather goods, handicrafts, cement, salt, stones, and plastic wastes posted a positive growth which could not impact much to the overall performance.
Of the total 81 products, 33 items posted positive growth and 47 items achieved negative performance in the month, the data showed.
Meanwhile, Achievement in the July-February period of the current fiscal year was $24836.26 million against its $22123.75 million that of the corresponding period which shows a 3.22 percent growth.
Accordingly, the export target of the July-February 2017 was 24059.00 million against which the country achieved $22836.26 or 5.08 percent lower than that of the target.
The country’s export performance for the month of February achieved a negative growth of near 10 percent against the strategic target set by the government, data showed.
Besides, the export of February, 2017 also achieved a negative growth comparing to the corresponding period.
According to data available with the Export Promotion Bureau (EPB), export in February was US$2726.12 million against a target of $3017 million or 9.64 percent less than that of its target.
The export in February 2016 was $2854.22 million or 4.49 percent higher than that of the achievement in February 2017.
However, Major earning sectors including readymade garment (both knit and woven), furniture’s failure to earn have mainly brought the overall performance of the single month down.
Besides, minor sectors including tea, leather and leather goods, handicrafts, cement, salt, stones, and plastic wastes posted a positive growth which could not impact much to the overall performance.
Of the total 81 products, 33 items posted positive growth and 47 items achieved negative performance in the month, the data showed.
Meanwhile, Achievement in the July-February period of the current fiscal year was $24836.26 million against its $22123.75 million that of the corresponding period which shows a 3.22 percent growth.
Accordingly, the export target of the July-February 2017 was 24059.00 million against which the country achieved $22836.26 or 5.08 percent lower than that of the target.
